Multiple Choice
A business pays a creditor on account. The journal entry to record this transaction is:
A) Debit Accounts Payable; Credit Cash
B) Debit Accounts Receivable; Credit Accounts Payable
C) Debit Cash; Credit Accounts Payable
D) Debit Accounts Receivable; Credit to Cash
Correct Answer:
Verified
Correct Answer:
Verified
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